Dan Veru: Repligen, DigitalBridge Top Picks; Cautious on AI Stocks, Bullish on Small Caps
Dan Veru, the chief investment officer at Palisade Capital Management, has shared his insights on the stock market today, highlighting potential opportunities and concerns. He has recommended Repligen (RGEN) and DigitalBridge (DBRG), while expressing caution about AI-related stocks like Nvidia (NVDA).
Veru suggests Repligen (RGEN) as a bioprocessing company that could benefit from the increasing demand for new drug development. He also recommends DigitalBridge (DBRG), an asset management company, due to its embedded gains and acquisition potential.
Veru believes that small cap stocks, represented by the NYSEARCA:IWM, are poised to outperform large caps in the long term. He sees a long-term cycle of small cap outperformance starting, indicating a favorable outlook for these stocks.
Veru's recommendations reflect his positive view on small cap stocks and specific companies within the bioprocessing and asset management sectors. However, investors should consider the risks associated with small cap investments and consult with financial advisors before making any decisions.
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